Hootech Balance Sheet Health
Financial Health criteria checks 5/6
Hootech has a total shareholder equity of CN¥1.6B and total debt of CN¥655.0M, which brings its debt-to-equity ratio to 42%. Its total assets and total liabilities are CN¥2.8B and CN¥1.3B respectively. Hootech's EBIT is CN¥53.2M making its interest coverage ratio 47. It has cash and short-term investments of CN¥690.4M.
Key information
42.0%
Debt to equity ratio
CN¥655.00m
Debt
| Interest coverage ratio | 47x |
| Cash | CN¥690.37m |
| Equity | CN¥1.56b |
| Total liabilities | CN¥1.29b |
| Total assets | CN¥2.85b |
Recent financial health updates
No updates
Recent updates
We Think That There Are More Issues For Hootech (SZSE:301026) Than Just Sluggish Earnings
Nov 01
Hootech Inc.'s (SZSE:301026) 47% Share Price Surge Not Quite Adding Up
Oct 09Hootech's (SZSE:301026) Shareholders Will Receive A Smaller Dividend Than Last Year
May 27Why Hootech's (SZSE:301026) Shaky Earnings Are Just The Beginning Of Its Problems
May 02Financial Position Analysis
Short Term Liabilities: 301026's short term assets (CN¥1.8B) exceed its short term liabilities (CN¥1.3B).
Long Term Liabilities: 301026's short term assets (CN¥1.8B) exceed its long term liabilities (CN¥37.0M).
Debt to Equity History and Analysis
Debt Level: 301026 has more cash than its total debt.
Reducing Debt: 301026's debt to equity ratio has increased from 21.5% to 42% over the past 5 years.
Debt Coverage: 301026's debt is well covered by operating cash flow (26.5%).
Interest Coverage: 301026's interest payments on its debt are well covered by EBIT (47x coverage).